Recently, housing rents in major cities across the country have risen, and some key cities have been rising for more than several months, and the overall average increase is close to 10%. From the Central Economic Work Conference to the Tenth Five-Year Plan, it is proposed to develop affordable rental housing to solve the housing problems of new youth and new citizens. Faced with this livelihood problem, several cities have recently introduced policies to strictly control the rent increase, and some cities have issued rental subsidies to ease the pressure on talents to rent houses.

Rent in hot cities rises

For renters, the rising rent has brought great pressure to life.

According to the statistics of Ke Rui, since 20021,the rents of major cities in China have been on the rise. As of August, the average rent of individual housing in 55 cities monitored nationwide was 34.05 yuan/square meter/month, up 9.49% year-on-year. Among them, the top ten cities are Beijing, Shanghai, Shenzhen, Hangzhou, Guangzhou, Xiamen, Nanjing, Wuhan, Tianjin and Chengdu.

Ke Rui analyst Yang Kewei said in an interview with China Consumer News that Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing, Hangzhou, Han and Chengdu are eight typical key cities in the rental market. Judging from the level of individual housing rent, it reached 73.08 yuan/square meter/month, which was 24.55% higher than the average level in the same period last year.

Yang Kewei said that among the cities with the highest rent increase, Shanghai showed a continuous upward trend from 202 1, which has been going on for seven months.

Insufficient supply superimposed seasonal increase

Why are rents in key cities rising recently? "The reason is that the supply of housing in the rental market is insufficient, which directly leads to a large number of demands not being met." Yan Yuejin, chief analyst of Yiju Research Institute, told the reporter of China Consumer News that not all cities are involved in the rent increase, only first-tier and strong second-tier cities.

From the demand side, the data previously released by the Ministry of Education showed that the total number of college graduates in 20021year was 9.09 million, an increase of 350,000. The "20021Residence Insight Report for Graduation Season" released by RealData shows that Beijing, Guangzhou, Shanghai and other first-tier cities are still the first choice cities for graduates' employment, Shenzhen has been adjusted from the fourth place in 2020 to the sixth place, Chengdu has jumped from the ninth place in 2020 to the fourth place, followed by Hangzhou. Without exception, these cities are among the rising rents.

From the supply side, the rental housing in many places has been showing a significant downward trend in the past two years. According to the housing supply situation in 55 cities in China, the total housing supply in July 201402700 was about 9 19800 in July 2020, while the total housing supply in 55 cities in China was only 57 1700 in July 2002. "The continuous decline in supply is closely related to the real estate sales market. Since 2020, the real estate market has started a bull market. The higher and higher housing prices of second-hand houses have caused some second-hand houses originally used for rental to be sold by landlords or in a wait-and-see state, which directly led to the decrease of rentable houses in the market, and the transmission of second-hand housing prices pushed up the rental cost. " Huang Hui, an analyst with RealData, told the reporter of China Consumer News that on the one hand, there was insufficient supply, on the other hand, there was an increase in demand, which became the main reason for the rent increase in the rental market since 20021.

Huang Hui further explained that the rental market was greatly affected by the off-season. From June to August, as college graduates concentrate on entering the rental market, the rental season will be formed in the graduation season, so first-tier cities will generally reach the peak of rent in a year from June to August.

Multi-city introduction of regulatory policies

In the context of rising rents in hot cities, several cities have recently issued policies related to the housing rental market.

The Ministry of Housing and Urban-Rural Development clearly stated in the Notice on Preventing Demolition and Construction in the Implementation of Urban Renewal Action that the supply and demand of the housing rental market should be stable. Failure to carry out large-scale and short-term demolition of contiguous old urban areas such as villages in the city will lead to an imbalance between supply and demand in the housing rental market and aggravate the difficulty for new citizens and low-income people to rent houses. Encourage the steady implementation of the transformation of villages in cities, and the annual increase in housing rents will not exceed 5%.

Beijing has successively issued the Notice on Strengthening the Qualification Examination and Distribution Management of Public Rental Housing and the Beijing Housing Leasing Regulations (Draft for Comment), clearly proposing the implementation of commission guidance price and rent guidance price. This means that in the future, individual housing can not be raised at will, and must be rented according to the official guidance price.

In addition, Hebei Province issued the Notice on Further Regulating the Order of the Housing Leasing Market, Foshan issued the Opinions on Further Strengthening the Supervision of the Leasing Business of Real Estate Brokers and Housing Leasing Enterprises (Revised Draft), and Chengdu issued the Implementation Opinions on Accelerating the Development of Affordable Leasing.

For the first time, Shenzhen proposed to grant rental subsidies to waiting groups of public rental housing, taking Nanshan District as a pilot. Specifically, the annual rental subsidy of 202 1 is 1700 sets. For those registered as families waiting for public rental housing in Shenzhen 1 person, the supplementary rent area is 35 square meters; for those registered as two or more people, the supplementary rent area is 65 square meters, and the unit rent is 45 yuan/square meter/month. Based on this calculation, the maximum monthly additional rent for families is 2900.

Guo Yi, chief analyst of Heshuo, said in an interview with China Consumer News that from the price level to the supply level, major cities have introduced regulatory policies to stabilize the rental market. In the future, the market rent will fluctuate reasonably within a certain range, and the government's rent guidance price may become a stabilizer of the market rent, and it is unlikely that the rent will rise sharply.

At the same time, the regulation of second-hand housing in hot cities is more stringent. Because the price transmission of second-hand houses will push up the rental cost, the rental price may drop slightly in the future when the price index of second-hand houses drops.

With the continuous development of the housing rental market, as well as the implementation of various normative policies and increasingly diversified supply, I believe that the housing problem of new citizens and young people will be further solved in the future, and "housing without speculation, stable rental, and living and working in peace and contentment" will be truly realized.